Therefore We have compiled a detailed analysis for you showcasing 5 Best Trading & Forex Signals Providers with an extensive detailed review to help you choose the best forex signal provider for yourself.

List of Best Trading and Forex Signal Providers

  2. TraderSZ
  3. Elliott Wave Forecast
  4. MQL5
  5. Elliott Waves


I made sure that the channels on the list of finest telegram channels that share forex calls were both free and authentic. ULTREOS FOREX is no exception; you will receive everything you need to improve your forex trading experience.

However, the channel has around 60k subscribers. Most people find this channel helpful because of the transparency and truthfulness of the signals. Anonymous Trader runs ULTREOS FOREX, he is a professional forex trader helping out most of the beginners by the channel.

They claims that his channel provides forex trading signals that are above 80 percent accurate. In any case, before making any financial investment, you should always keep an eye out for patterns. This channel may teach you a lot about forex trading if you’re a newbie.


Real-Time Accurate Forex Signals

ULTREOS FOREX is one of the best consultant firms, who provide quality consultation in various markets in the form of research, analysis and signals.

They analyze each and every market moment to bring the best consultation service for you. They provide services for educational and training purposes.


It is the leading provider of real-time market news, market analysis, trade ideas and Forex signals For Forex Trading. On average 80% of his Forex signals make profit.

Every Week he sends his members over 7+ profitable forex signals through telegram with an average of 200–300+ pips per week. Their forex signals and technical analysis are based on deep research On Price Action Analysis, Impulse and Correction related strategy, Elliot wave, Classic Patterns, Advanced Patterns or any other like Candle Stick Patterns. It can be a truly great solution for beginners.

Signals Per week7-8
Free Analysis5 per week
Fees75$ per Month
FeaturesFree educational guides, great customer support, Entry Point, Stop loss , Take-profit about trades included , Free Paid Books for learning, Weekly 7-8 sure shot signals, long term and short term trade and average 85% Accuracy.

Some Unique features and characteristics of ULTREOS FOREX

✅ Free forex signals with up to 80% accuracy consistently❌ No fixed number of forex signals
✅ Weekly 200-500 pips confirmed❌ No free forex signals
✅ One SL and One TP
✅ Risk Reward Ratio 1 : 4 to 1 : 8
✅ They always close the whole position


TraderSZ focus on understanding the language of the market using pure price action. Whether you’re a novice or an experienced trader, They believe you could gain a unique insight into mapping market movements.

They will share their analysis on FX, Crypto, Indices and Commodities. As price unfolds during the trading week, the private twitter feed for premium subscribers will be used to update and manage our trade ideas in real time.

TraderSZ Twitter

Trading Education

The intraweek videos will be for journaling trades taken with detailed explanation behind them and to map out future setups. Whether you want to use this site for analysis purposes or seeking a hands on approach to understanding the markets using price action in real time, They believe you will get what you are seeking. To get a better understanding on how we approach the market, please check out our YouTube channel.

Analysis Per week7-8
Live Trading5 per week
Fees£77.99 / Month
FeaturesAccess to a private twitter feed which will have regular chart setups posted in real time.
✅ Free forex analysis with up to 75% accuracy consistently❌ No fixed number of forex signals
✅ They will share our analysis on FX, Crypto, Indices and Commodities. As price unfolds during the trading week❌ No free forex signals
✅ The private twitter feed for premium subscribers will be used to update and manage our trade ideas in real time.❌ This is not a signal service
✅ The intraweek videos will be for journaling trades taken with detailed explanation behind them and to map out future setups
✅ seeking a hands on approach to understanding the markets using price action in real time

Elliott Wave

Elliott Wave Forecast Being one of the largest technical analysis firms in the world, Elliott Wave Forecast offers a wide range of asset groups including Forex, Commodities, Crypto Currency, World Indices, U.S. stocks & ETF.

With such varied asset groups, you can conveniently benefit from almost every upcoming market opportunity and make exponential profits.

Elliott Wave Forecast Forex Signals

Forecast Expert Analysis & Signals

The other aspect the makes Elliott Wave Forecast one of the best forex signal providers is its team of experts. As they say, profits can only be in the market when there is solid research behind your decision making.

When it comes to service delivery, Elliott Wave Forecast offers a 14 days trial to its users before any commitments which is a very rare facility to find these days when it comes to forex signal providers making it the best free forex signal provider. This also provides users with an opportunity to get the experience of the platform & builds a long term trust among clients.

Analysis Per week1 Hour Elliott Wave Counts (NY & Asia)
Live Trading4HR, Daily & Weekly EW Counts
Fees$99.99/ per Month*
FeaturesLive Trading Room (Trading Signals) Daily Technical Videos
Weekend Technical Videos
Live Trading Room (Trading Signals)
✅ Outstanding site for educational content, trading information and live sessions.❌ Signals are sent only on Telegram
✅ They offer offer 5 Webinar Recordings and 1-1 coaching.
✅ 78 Instruments
✅ Sequences Report
✅ 24 Hour Chat Rooms


MQL5 is one of the major resources for Forex MT4 & MT5 platform users making it one of the best trading platform for forex. Its unique facilities include a Web terminal to provide a full-featured technical analysis platform, social trading facility, and an open marketplace for trading services like applications, hosting services, and others.

MQL5 Forex Signals

Being one of the most unique and diversified platforms

Putting more emphasis on performance instead of a stereotypical approach, allows any trader with forex trading experience to offer signals and solely judges the traders on the basis of their performance.

Such a unique approach provides users to experience a diversified network of traders globally.

As this is a competitive marketplace for traders to provide forex signal services, therefore every trader has a different price point for their services depending upon their historic success rate.

Signals Per weekAutomatic Trading (5-6)
Trading StrategyAll kind of strategy (4HR, Daily & Weekly)
Fees$30-$40 per Month
FeaturesCopy Trading
✅ Signals is a copy-trading service allowing you to automatically copy provider’s deals on your trading account. ❌ Signals are sent only on Telegram
✅ Use Signals to boost your Forex trading efficiency.
✅ 78 Instruments
✅ Monitored accounts are provided with a detailed statistics and trading history

Elliott Waves

Elliott Waves Forex Signals

Elliott Waves probably is the most known and it’s more technical oriented, there are little to no fundamentals but he bases his trades on COT data and technical analysis (mainly COT), it’s a good approach but has its flaws so always do you own researches before following any trade.

Best FXStreet Technical Analysis award in 2016

Signals Per week5-6
Trading StrategyMid and Long-term view on different markets
Fees58,00€ per month
FeaturesVideo Analysis and webinars
✅ FX Live / Intraday updates❌ Signals are sent only on Telegram
✅ TN (Trading notes)
✅ Chat Room (Slack)

3 Factors to Consider Before You Start Using Signals

Factors to Consider Before You Start Using Signals Many beginners assume using signals is a quick fix for success but this simply is not the case. Signals provide important information about the markets but cannot entirely negate the risks associated with foreign exchange trading. Several factors bear consideration before you start using the services of signal providers.

It is essential to understand no two signal providers are created the same, with some offering higher-quality services than others. The signals’ accuracy can greatly impact one’s overall results.

Certain providers include only basic information about the call to action along with the TP and SL levels. Others deliver detailed charts and commentary that could prove to be of further use to traders. The bottom line is you need to figure out exactly what you are signing up for before you resort to the signals supplied by a given provider.

Interpret the market conditions on your own. It is important not to forget that signals are merely recommendations. Using them is no excuse for the absence of a proper understanding of the market environment. Take the time to inform yourself about current market conditions and their limitations before you act on the signals you receive.

Give a thought to your individual risk tolerance. Foreign exchange trading is a volatile venture, even more so when one does it on margin with leverage. There is always the possibility of losing large amounts of capital in two shakes of a lamb’s tail.

The huge swings inherent to pairs like XAU/USD, for example, can wipe out your entire balance in a flash when you leverage your positions. A trader should take some time to evaluate what risk level they are comfortable with before they act on a trading signal.

Do your research with due diligence and consider the following criteria before you make a pick.

Ensure the signals offered by a given provider correspond to your individual needs and trading style. Traders who implement scalping strategies would be more comfortable with a service that provides scalping signals. A position trader, on the other hand, is more likely to prefer a service that sends them long-term signals. Check what number of trades the respective provider sends out per day. A larger number typically indicates the provider relies on short timeframes for market analysis and would be more suitable for short-term traders. If a few signals only are sent during the week, you are probably looking at a long-term signal service where the recommendations are also based on fundamental analysis.

The time zone is another key factor that bears consideration.

Short-term signals should be acted upon as soon as possible or else they would be of no use. If your signal provider of choice hails from a different continent, you will end up receiving notifications while you are fast asleep. Short-term signals are practically useless if you fail to get them on time.

Pay attention to the provider’s track record.

This will give you an accurate idea about the quality of the service and the provider’s performance. Compare and evaluate different options before you make your pick. Factor in their overall success rate – a provider whose signals are accurate 80% of the time is better than one whose signals win 50% or 60% of the time. Reading feedback from other signal users can also prove beneficial.

Consider the availability of additional services.

Some providers only dish out basic information about their signals, such as entry/exit prices and SL/TP levels. The signals of others are accompanied by additional market and chart analysis.

This gives traders more confidence because they can see what exactly the signals are based on. The charts usually contain important support and resistance levels the recommended SL and TP are based on. This information can significantly boost your learning curve and assist you on your path toward becoming an independent trader.

Check for educational materials like free webinars, training videos, regular market outlooks, news, and watchlists. The availability of such material indicates the signal provider cares about the people who subscribe to its services. I hope you find your answer.

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